Light Metal Products (Bradford) Limited - Period Ending 2017-12-31

Registration number: 00898887

Light Metal Products (Bradford) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2017

Light Metal Products (Bradford) Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 3

Light Metal Products (Bradford) Limited

(Registration number: 00898887)
Balance Sheet as at 31 December 2017

	Note	2017 £	2016 £
Current assets
Debtors	5	336,838	324,577
Cash at bank and in hand		740	818
		337,578	325,395
Creditors: Amounts falling due within one year	6	(21,046)	(25,151)
Net assets		316,532	300,244
Capital and reserves
Called up share capital		3,150	3,150
Share premium reserve		8,568	8,568
Profit and loss account		304,814	288,526
Total equity		316,532	300,244

For the financial year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 26 July 2018 and signed on its behalf by:
 

.........................................

Mr E A Butterfield

Director

The notes on pages 2 to 3 form an integral part of these financial statements.

Page 1

Light Metal Products (Bradford) Limited

Notes to the Financial Statements for the Year Ended 31 December 2017

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
174 Sunbridge Road
Bradford
West Yorkshire
BD1 2RZ

These financial statements were authorised for issue by the Board on 26 July 2018.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A
- 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Transition to FRS 102 Section 1A had no impact on the categorisation or amounts in the financial statements.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 33 (2016 - 28).

4

Taxation

Tax charged/(credited) in the income statement

	2017  £	2016  £
Current taxation
UK corporation tax	3,882	6,140

5

Debtors

	Note	2017 £	2016 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest		336,838	324,577
		336,838	324,577

Page 2

Light Metal Products (Bradford) Limited

Notes to the Financial Statements for the Year Ended 31 December 2017

6

Creditors

Creditors: amounts falling due within one year

	Note	2017  £	2016  £
Due within one year
Taxation and social security		17,164	19,011
Income tax liability		3,882	6,140
		21,046	25,151

Page 3